$100,000 is chump change in NYC

someone earning $50,798 in Chicago or $62,741 in Washington, D.C. enjoys the same standard of living as someone earning $100,000 in New York City.

Once you crunch the numbers, you find that the real standard of living in Washington, D.C. is 118 percent higher than in New York City. In Chicago, it’s 75 percent higher.

via The Poorest Place in America by Eamon Moynihan, City Journal 6 August 2009.

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